The property was completely gutted & remodeled in 2021, featuring one (1) 4,257± SF first-floor retail/office space, six (6) one (1) bedroom, & six (6) two (2) bedroom luxury apartment units. A portion of the basement is finished and could be rented for additional income.
Lewiston’s commercial real estate market is experiencing robust growth, with new developments and motivated city officials working to transform the downtown area. This property offers an excellent opportunity for investors to take advantage of the city’s upward trajectory.
Credit Enhancement Agreement is transferable with the consent of the City Administrator, so long as the new owner maintains and operates the building in the same manner and spirit as current owner. $27,108.28 of the $100,000 maximum reimbursement has been paid as of March 2025.